CAOA Chery sells 3,000 hybrid Tiggo units in record week
CAOA Chery sold over 3,000 Tiggo 7 and 8 Pro PHEV hybrid SUVs in one week, generating R$600M+ in revenue and exhausting the special launch inventory ahead of price increases.
economy
Business
Rocket Lab reported record Q2 revenue of US$234m and a US$2.4b backlog, while CEO Peter Beck highlighted data centres in space as a growth opportunity following the company's US$8b acquisition of satellite operator Iridium.
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Coverage (4869 articles)
Kingdom Hearts 4 Gameplay Revealed for Switch 2 Launch Alongside Classic Ports
Square Enix unveiled Kingdom Hearts 4's first gameplay footage during Nintendo Direct, confirming simultaneous launch across Switch 2, PlayStation 5, Xbox, and PC. Previous Kingdom Hearts collections are also coming to Switch 2 on October 8.
Brazil's Tax Authority Auction Offers Car for R$10K, Smartwatch for R$60
Brazil's Federal Revenue Service is conducting an auction with heavily discounted items including a car for R$10,000 and a smartwatch for R$60, offering public participation in asset liquidation.
Prosus Shares AI Agent Playbook After Deploying 60,000 Agents
Prosus has published a manual based on deploying 60,000 AI agents, sharing operational insights and best practices with the broader industry.
Successful Indian founder denied US visa despite $12M business and strong home ties
A successful Indian startup founder with $12M revenue and 100+ employees was denied a US visitor visa under Section 214(b) despite strong documented ties to India, reflecting broader visa restrictions affecting Indian professionals.
CityFitness fined $1.12m for hiding compulsory fees in membership ads
New Zealand's largest gym chain CityFitness has been fined $1.12 million by the Commerce Commission for misleading customers about membership costs by advertising a base fee while hiding a compulsory transaction charge.
OHLA to Build New Freight Rail Link in Saudi Arabia
Spanish construction company OHLA has secured a contract to build a new freight railway connection in Saudi Arabia, supporting the kingdom's infrastructure modernization and Vision 2030 goals.
Oasis Calls for KADOKAWA Management Change After Second JFTC Compliance Warning
Japan's Fair Trade Commission is expected to issue a second recommendation against KADOKAWA for violating freelancer protection laws, affecting over 100 creators. Activist investor Oasis calls for management change ahead of the June 2026 shareholder meeting.
Energia Appoints Finance Executive Tai Oshisanya as Independent Director
Energia Limited appoints Tai Oshisanya, a seasoned finance executive with 40+ years in energy and financial services, as Independent Non-Executive Director to strengthen corporate governance and strategic oversight.
ABC secretly hunted for news director replacement without Stevens' knowledge
ABC managing director Hugh Marks confirms he secretly engaged a recruitment firm to replace news director Justin Stevens without his knowledge due to disagreements over ABC News direction. Stevens, a 19-year veteran, was forced to resign after Marks hired Reuters executive Simon Robinson.
Ciena Prices $2.5B Convertible Notes, Upsizes Offering to Fund Debt Repayment
Ciena Corporation priced a $2.5 billion convertible senior notes offering due 2031, upsized from $2.0 billion, with proceeds allocated to debt repayment, share repurchases, and supply chain investments.
Frost & Sullivan Enhances Frost Radar™ Framework With Clearer Visualizations
Frost & Sullivan evolved its Frost Radar benchmarking framework with enhanced visualisation and four new classification categories to provide clearer insight into company competitive positioning while maintaining its underlying methodology.
NCAA appeals Sorsby ruling as college sports faces potential Texas Tech boycott
The NCAA appealed a court ruling that allowed Texas Tech QB Brendan Sorsby to play, sparking potential conference-wide boycotts and widespread condemnation from coaches and athletic directors.
Tim Cook bids farewell at final WWDC as Apple CEO, declares 'best is still ahead'
Apple CEO Tim Cook reflected on his tenure during WWDC 2026, his final appearance as CEO before stepping down in September. He expressed confidence in Apple's future while John Ternus prepares to assume leadership.
Antaisolar Unveils Upgraded Tracker Portfolio, Secures Major Global Partnerships
Antaisolar showcased upgraded PV tracker solutions at SNEC 2026, securing global partnerships and industry certifications. The company ranked No.7 globally and announced 800+ MW projects across Southeast Asia and Australia.
Unregistered security firm provides armed escorts at illegal after-hours bars
Mexican authorities investigate unregistered private security company MYP providing armed protection at illegal after-hours bars featuring narcocorridos singers, operating without state or federal licensing.
GM Dethrones Toyota as Auto Profit Leader Amid Industry-Wide Decline
Major automakers reported a 32% drop in Q1 2026 profits to €17.3B, the lowest since 2020, as slow EV adoption, Chinese competition, and geopolitical tensions reshape the industry. GM surpassed Toyota as the most profitable automaker.
Movida projects R$300M in WhatsApp rentals via groundbreaking Meta AI partnership
Brazilian car rental company Movida projects R$300 million in WhatsApp-based rental revenue by year-end through an AI agent co-developed with Meta, the first of its kind globally.
Brazilian Landowner Battles Mining Giant Over Fair Compensation for Rare Earth Extraction
A Brazilian farmer has waged an 8-year legal battle against Serra Verde mining company over inadequate compensation for rare earth mineral extraction on his Goiás property, now complicated by the company's $2.8 billion sale to a U.S. firm.
Giant Malaysian shrimp breeding in São Paulo waters raises ecological alarm
Malaysian giant shrimp (Macrobrachium rosenbergii) has established a breeding population in São Paulo's southern coast, with 90+ captures and reproductive females detected since 2015, posing ecological risks to native species.
Broncano recalls mother's strict teaching: 'She treated me fairly to avoid favoritism'
TV presenter David Broncano shares personal anecdotes about his upbringing in Orcera, Jaén, including memories of his mother teaching him mathematics in secondary school while maintaining professional distance.
Strategy acquires $101M in Bitcoin while shifting dividend strategy to fuel crypto holdings
Strategy (formerly MicroStrategy) purchased 1,550 BTC for $101M, expanding its holdings to 845,000 bitcoins worth $53.7B. The company simultaneously changed its preferred share dividend payments to bi-weekly to accelerate reinvestment.
Orange completes €4.25B acquisition to gain full control of MasOrange
Orange has completed its acquisition of the remaining 50% stake in MasOrange from Lorca for €4.25 billion, gaining full control of the Spanish telecommunications company with Meinrad Spenger as CEO.
Scientists identify 120-million-year-old gliding predator that hunted ancient birds
Scientists identified Jian changmaensis, a newly discovered feathered microraptor species that hunted prehistoric birds 120 million years ago. The predator, found in China, had four wings for gliding and was responsible for killing over 100 ancient birds.